Fri Jul 17 11:19:00 -0400 2009

Reuters (New York)

- Starbucks Corp should begin reaping benefits from slashing costs, closing stores and removing trinkets from shelves, but analysts say growth could remain elusive until the U.S. economy heals.

“The December double-digit negative same-store sales for U.S. operations could prove to be the bottom,” said Tom Forte, an analyst at Telsey Advisory Group.

To view the full article, download the PDF here: Reuters, July 17, 2009